VP, Equipment Finance Underwriting Manager

Axos Bank

Target Range:

$95,000.00/Yr. - $140,000.00/Yr.

Actual starting pay will vary based on factors including, but not limited to, geographic location, experience, skills, specialty, and education.

Eligible for an Annual Discretionary Cash Bonus Target: 17.5%

Eligible for an Annual Discretionary Restricted Stock Units Bonus Target: 17.5%

These discretionary target bonuses may be awarded semi-annually based upon your achievement of performance goals and targets.

About This Job

The VP, Equipment Finance Underwriting Manager is responsible for leading the credit underwriting function for the Equipment Finance business. This role oversees complex equipment leasing transactions, evaluates credit risk, and provides sound credit recommendations to senior leadership while ensuring compliance with regulatory requirements and internal credit policies. The position also manages and develops underwriting staff, monitors portfolio quality, and partners closely with Relationship Managers and senior stakeholders to support business growth.

Responsibilities:

• Lead and manage the underwriting pipeline for Equipment Finance, including complex and high-value transactions
• Oversee credit analysis of new and existing clients, assessing financial condition, creditworthiness, risks, and mitigants
• Structure and review equipment finance transactions and assist in complex deal negotiations
• Manage due diligence for all new equipment lease applications
• Ensure timely monthly and quarterly reviews of borrower performance and covenant compliance; escalate concerns as needed
• Partner directly with clients, Relationship Managers, and senior management to resolve credit questions and issues
• Provide input on product features, benefits, and marketing initiatives to support business development
• Prepare and review credit memoranda, term sheets, committee submissions, and other credit-related documentation
• Monitor portfolio quality, turnaround times, and underwriting standards
• Recommend improvements to policies, processes, and systems to increase efficiency and effectiveness
• Ensure all credit commitments are documented in accordance with approvals and legal guidelines
• Provide leadership, training, and performance feedback to underwriting support staff
• Conduct industry, geographic, and market research as needed
• Participate in special projects and cross-functional initiatives as required
  
  

Qualifications:

• Bachelor's degree preferred
• 10 years of banking experience in lending, underwriting, or related credit roles
• Proven experience underwriting complex credits and structuring equipment finance transactions
• Strong knowledge of federal banking regulations and credit risk management practices
• Experience developing and applying credit policies and underwriting guidelines
• Demonstrated leadership experience managing or mentoring underwriting staff
• Excellent analytical, written, and verbal communication skills
• Ability to work independently while collaborating closely with senior leadership and business partners
  
  

Axos Employee Benefits May Include:

• Medical, Dental, Vision, and Life Insurance
• Paid Sick Leave, 3 weeks’ Vacation, and Holidays (about 11 a year)
• HSA or FSA account and other voluntary benefits
• 401(k) Retirement Saving Plan with Employer Match Program and 529 Savings Plan
• Employee Mortgage Loan Program and free access to an Axos Bank Account with Self-Directed Trading
  
  

About Axos

Born digital-first, Axos delivers financial tools and services that allow individuals, small businesses, and companies to access and manage their money how, when, and where they want. We’re a diverse team of dynamic, insightful, and independent innovators who are excited to provide technology-driven solutions that offer unbeatable value to our customers.

Axos Financial is our holding company and is publicly traded on the New York Stock Exchange under the symbol "AX" (NYSE: AX).

Learn more about working at Axos

Pre-Employment Background Check and Drug Test:

All offers are contingent upon the candidate successfully passing a credit check, criminal background check, and pre-employment drug screening, which includes screening for marijuana. Axos Bank is a federally regulated banking institution. At the federal level, marijuana is an illegal schedule 1 drug; therefore, we will not employ any person who tests positive for marijuana, regardless of state legalization.

Equal Employment Opportunity:

Axos is an Equal Opportunity employer. We are committed to providing equal employment opportunities to all employees and applicants without regard to race, religious creed, color, sex (including pregnancy, breast feeding and related medical conditions), gender, gender identity, gender expression, sexual orientation, national origin, ancestry, citizenship status, military and veteran status, marital status, age, protected medical condition, genetic information, physical disability, mental disability, or any other protected status in accordance with all applicable federal, state, and local laws.

Job Functions and Work Environment:

While performing the duties of this position, the employee is required to sit for extended periods of time. Manual dexterity and coordination are required while operating standard office equipment such as computer keyboard and mouse, calculator, telephone, copiers, etc.

The work environment characteristics described here are representative of those an employee may encounter while performing the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this position.

E-Verify and Right to Work Notices

Axos participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States. The E-Verify program is an internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services.

IER Right to Work Poster (English/Spanish)

E-Verify Participation Poster (English/Spanish)